Hawkish economic approach on China has bipartisan support in US, say analysts
WASHINGTON, US - In a shift from tit-for-tat tariffs and strong-arm tactics to tech restrictions and investment curbs, US policy towards...Economy Geostrategy Politics
UAE to provide US$10m grant to support WTO initiatives, says foreign minister
ABU DHABI, UAE – Emirates Minister of Foreign Affairs Sheikh Abdullah bin Zayed Al Nahyan has announced that the UAE...Economy Geostrategy Global
Egyptian LNG exports will exceed 8 million tonnes in 2022: Minister
Ninety percent of Egyptian LNG exports will be destined for European Union countries, El Molla said.Ninety percent of Egyptian LNG exports will be destined for European Union countries, El Molla said
He said the companies will focus on reducing emissions from production operations while stepping up their activities
Rate cuts may help in avoiding chronic recession
It is logical for the FRB to halt the wave of escalation of interest rates on the dollar, which was...The Federal Reserve may reverse its policies and reduce interest rates to ensure preservation of the US and global economies, says an economist
It is logical for the Fed Reserve to pursue it policy in halting the wave of escalation of interest rates on the dollar, Qatar-based Bashir Al Kahlout adds
Jordan to receive $845 million in aid from the US
The United States will provide Jordan with over US$845 million in annual financial support, officials in Amman said as the...The Hashemite kingdom is a key Western ally in the Middle East.
In September, the US committed to providing Jordan with $10.15 billion in aid between 2023 and 2029.
Mohammed bin Rashid approves Dubai rural area development master plan
DUBAI, UAE - Sheikh Mohammed bin Rashid Al Maktoum, Vice President, Prime Minister and Ruler of Dubai has approved the...The Plan seeks to preserve the nature of areas including Lehbab, Margham, Al Marmoom, Al Lisaili, Al Faqaa and Al Aweer.
It also aims to offer a unique touristic experience and transform each area into a key tourist destination in the emirate.
Saudi Minister inaugurates Aquatic Animal Diseases Network
RIYADH, SAUDI ARABIA - Saudi Minister of Environment, Water and Agriculture, Engineer Abdul Rahman bin Abdul Mohsen Al-Fadhli inaugurated Sunday...The launch aims to strengthen the aquaculture industry, prevent aquatic diseases, support the production of aquatic organisms.
It also aims to meet the growing demand for aquaculture and its products, reduce the spread of diseases, train veterinarians and specialists in aquatic health.
SCCI, Moscow Chamber discuss trade, cooperation
SHARJAH, UAE - The Sharjah Chamber of Commerce and Industry (SCCI) discussed business and investment opportunities in the UAE and...Sharjah has many strategic advantages for Russian companies which plan to expand in the region's markets.
Sharjah is an ideal environment for industrial companies in various sectors, especially startups.
DEWA commissions two new transmission substations
DUBAI, UAE - Dubai Electricity and Water Authority (DEWA) has commissioned a new 132/11kV substations in Al Awir First with...DEWA inaugurated a new transmission 400/132kV substation in Jebel Ali First.
DEWA inaugurated an overhead cables with a conversion transmission of 2,000 MVA, at a total cost of US$92 million.
Abu Dhabi’s GDP expands by 11.2 percent in first half of 2022
The quarterly GDP growth rate reached its highest value in six years during the second quarter of 2022 which hit...The real GDP value (at constant prices) exceeded AED543 bn ($147 bn) and the value of the non-oil sectors' GDP increased AED28.4 bn compared to H1 to reach AED273 bn in total.
According to data released by SCAD, the mining and quarrying activities (including crude oil and natural gas) contributed 49.7 percent to the real GDP.
Jordan looks to partner with private sector to prop up economy
Amman, Jordan— The Kingdom of Jordan intends to foster a "robust partnership" with the private sector of the country that...He said the economic modernization scheme set a roadmap for the next stage to stimulate and advance the national economy
Shamali said the department has a reform scheme to provide facilities to importers and exporters at border crossings
In rain-starved Iraq, a dam threatens to swallow farmland
Five villages are located on the site of the Makhoul dam and "a commission has been formed to ensure adequate...Tens of thousands of Iraqis are threatened by the Makhoul dam, which the government hopes will be operational on the mighty Tigris in five years
There are repercussions for flora and fauna, warn environmental groups Save the Tigris and Humat Dijlah, who say the ancient city of Ashur -- a UNESCO listed site -- is at risk
